- A Small
- A Medium
- A Bigger
The International Labour Organization (ILO) reported a 5.6% decrease in global working hours in Q1 2020 compared to Q4 2019. This percentage increased to 17.3% in Q2 2020, equivalent to the loss of 495 million full-time jobs.
In terms of regions, the Asia-Pacific region recorded the highest reduction in working hours in January-March 2020, at 7.3%. This coincides with the initial outbreak of the coronavirus in China, followed by nationwide lockdowns.
However, the situation reversed in Q2 2020. The Asia-Pacific region had the lowest percentage, while the Americas led with 28%. Other regions experienced working hour reductions in the range of 15-17%.
Nevertheless, the ILO predicts a smaller overall reduction in working hours across all regions in Q3 2020, with a global average of 12.1%.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
Related Data
Market Data
| Name | Value | % | |
|---|---|---|---|
| Economic growth | 5,11% | +0.08 | |
| Pertumbuhan ekonomi (yoy) (Q1) | 5,61% | +4.08 | |
| Gini rasio (Sem2) | 0,38 | 0.00 | |
| PDB ADHK (Q1) | 3.447,70 | -0.77 | |
| Nilai Tukar USDIDR | 17.959 | +0.19 | |
| Neraca perdagangan (Apr) | 89,10 | -97.32 | |
| Ekspor Migas (Apr) | 1,16 | -9.81 | |
| Impor Migas (Apr) | 4,60 | +45.09 | |
| Ekspor (Apr) | 25,30 | +12.32 | |
| Impor (Apr) | 25,21 | +31.28 | |
| Kunjungan Wisman (Apr) | 1,25 | +14.75 | |
| Inflasi yoy (Mei) | 3,08% | +0.66 | |
| Inflasi mom (Mei) | 0,28% | +0.15 | |
| Persentase kemiskinan (Des) | 7,50% | -0.75 | |
| NTP (Mei) | 113,79 | +1.34 |